Bogus share capital entry to obtain bank loan. Addition us 68 remanded back to verify facts in view of re-casted audited balance sheet and ROC filing-ITAT
October 8, 2016
Income Tax, ITAT, Judgments
Bogus share capital entry to obtain bank loan. Addition made u/s 68 remanded back to verify facts in view of re-casted and revised audited balance sheet and ROC filing-ITAT ABCAUS Case Law Citation: 1031 (2016) (10) ITAT Brief Facts of the Case: The was a provate limited company …